Friday, April 25, 2008

Why Sub Prime is not a crisis in India

apr 25, 2008

very interesting analysis by the good professor.

the other side of this is that the immense amounts of capital generated in india -- which has been the case since time immemorial -- were being siphoned off by the mohammedans, then by the limeys, and more recently by the nehruvian stalinists and other netas into their swiss bank accounts. this is now appearing in the conscious consumption of the glitterati, and in the speculation in real estate.

---------- Forwarded message ----------
From: Vaidyanathan R

 

 

Why sub-Prime is not a Crisis in India

 

http://www.thehindubusinessline.com/2008/04/25/stories/2008042550750800.htm

 

R.vaidyanathan

 

____________________________________________________________________________

R.VAIDYANATHAN                                                         

PROFESSOR OF FINANCE                                             

INDIAN INSTITUTE OF MANAGEMENT                   

BANNERGHATTA ROAD

BANGALORE


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